Mercedes, Rivian form a joint venture to build vans in Europe
Sep 09, 2022 10:06 am UTC| Business Economy
Mercedes Benz and Rivian have recently signed a memorandum of understanding (MOU) to produce electric vans in Europe through a joint venture. The companies are set to erect their production plant in the region, and this...
Stellantis creates a new role and assigned Chris Taylor as its chief digital information officer
Sep 09, 2022 10:05 am UTC| Business Economy
Stellantis N.V. announced on Wednesday, Sept. 7, that it has assigned Chris Taylor to be its chief digital information officer, a job role that was recently created by the company. The position was added with the aim of...
Shopee discontinues operations in Mexico, Chile, and Argentina
Sep 09, 2022 09:57 am UTC| Business Economy
Shopee is shutting down its operations in three Latin American regions, and these are Argentina, Mexico, Colombia, and Chile. It was reported that Sea Ltd. which owns the e-commerce platform revealed the closure through an...
Naver formally charged over fair trade law violation
Sep 09, 2022 08:35 am UTC| Business Economy
Naver Corp. was formally charged by the Seoul Central District Prosecutors Office on Thursday, Sept. 8. The South Korean online platform and tech firm was indicted for breach of the countrys fair trade law. The company...
Cineworld files for Chapter 11 for bankruptcy protection in the US
Sep 09, 2022 08:19 am UTC| Business Economy
Cineworld is the second largest movie theater chain in the world, but in recent years, it has been struggling to stay afloat. The company incurred massive debt, and now it has filed for bankruptcy. According to Reuters,...
Panda Express brings back Beyond Meat’s plant-based orange chicken
Sep 09, 2022 07:49 am UTC| Business Economy
Panda Express and Beyond Meat are reintroducing the Original Orange Chicken, but it will be around for a limited time only. The former is adding it again to its menu lineup as a plant-based menu option for customers who...
Coca-Cola bottler achieves success in returnable bottle program
Sep 08, 2022 23:42 pm UTC| Nature Economy
Coca-Cola Southwest Beverages reported an excellent return rate of 74 percent in its Refillable Glass Bottle Pilot Program., The pilot program in El Paso, Texas, in which customers return used glass soda bottles to be...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects